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Ngāti Tama – further financial losses: omnibus except from E32 week ending 14 September 2012

This week Peter Coleman, a liquidator, confirmed the Ngāti Tama fisheries holdings company, Ikatuna Limited, is unlikely to recover most of the $4.6 million it is owed by Tuere Fishing Limited.  Losses to the iwi on this venture are expected to be circa $3.4 million.  Tuere Fishing Limited was placed

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